U.S. Battery Plants Shift From EVs to Grid Storage, $45B Under Construction
Ford and Asian battery makers are retooling EV plants for energy storage as automakers face slowing EV demand and policy incentives favor grid batteries over electric vehicles.
NextEra Bets the Utility on Battery Storage, Not Solar
NextEra Energy Resources signed 1.3 GW of battery storage contracts in Q1 2026 alone, repositioning storage as its primary growth engine ahead of solar through 2032.
EU's Battery Act Forces European Gigafactory Rescue After Northvolt Collapse
The European Commission's Industrial Accelerator Act reshapes battery manufacturing incentives to salvage Europe's EV supply chain after Northvolt's bankruptcy and cascading project cancellations.
UK commits £380M to Tata's Somerset battery gigafactory
Britain formally funds Agratas' 40 GWh battery plant to supply Jaguar Land Rover, signaling a shift from pledges to deployed capital in Europe's race to onshore cell production.
UK Backs Agratas Battery Plant With £380M, Names JLR as Buyer
UK government commits £380 million to Agratas gigafactory in Somerset, with Jaguar Land Rover as anchor customer and 40 GWh annual capacity target, positioning Europe to reduce battery import dependence.
UK Awards £380M to Tata's Battery Arm for Somerset Gigafactory
The UK government committed £380 million ($510M) to Agratas (Tata Group) for a 40 GWh battery gigafactory in Somerset, targeting end-2027 production for anchor customer Jaguar Land Rover — a direct government subsidy bet on European battery independence.